Crown ElectroKinetics (CRKN)
OTHER OTC:CRKN
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Crown ElectroKinetics
(OTC:CRKN)
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Rating:42Neutral
Price Target:
$0.19
▲(284.00% Upside)
Action:UpgradedDate:02/03/26
The score is primarily held down by weak financial performance—persistent negative margins and negative operating/free cash flow outweigh strong revenue growth. Technical indicators provide only a modest near-term offset with improving short-term trend and neutral-to-moderate momentum. Valuation contributes little due to a non-meaningful P/E and no dividend yield data.
Positive Factors
Strong Revenue Growth
Sustained high revenue growth indicates successful market adoption of CRKN’s electrokinetic technology and expanding customer relationships. Over 2–6 months, persistent top-line momentum supports capacity scaling, commercial partnerships, and provides a platform to leverage fixed costs toward future margin improvement.
Negative Factors
Persistent Unprofitability
Ongoing negative margins indicate the business has yet to achieve profitable unit economics. Without durable margin expansion from pricing, mix, or cost reductions, the company faces structural profitability risk that can impair reinvestment and investor returns over several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue Growth
Sustained high revenue growth indicates successful market adoption of CRKN’s electrokinetic technology and expanding customer relationships. Over 2–6 months, persistent top-line momentum supports capacity scaling, commercial partnerships, and provides a platform to leverage fixed costs toward future margin improvement.
Read all positive factors
Crown ElectroKinetics (CRKN) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$57.18K
Dividend YieldN/A
Average Volume (3M)4.88K
Price to Earnings (P/E)―
Beta (1Y)-1.30
Revenue Growth2580.32%
EPS Growth99.75%
CountryUS
Employees65
SectorBasic Materials
Sector Strength58
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)N/A
Shares Outstanding1,737,954
10 Day Avg. Volume2,366
30 Day Avg. Volume4,881
Financial Highlights & Ratios
PEG Ratio0.49
Price to Book (P/B)56.71
Price to Sales (P/S)64.03
P/FCF Ratio-51.85
Enterprise Value/Market Cap-343.47
Enterprise Value/Revenue-0.90
Enterprise Value/Gross Profit25.28
Enterprise Value/Ebitda0.68
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Crown ElectroKinetics Business Overview & Revenue Model
Company Description
Crown ElectroKinetics (CRKN) is a technology company specializing in advanced electrokinetic solutions for the display industry. The company focuses on developing innovative products that enhance the performance and functionality of electronic dis...
How the Company Makes Money
Crown ElectroKinetics generates revenue primarily through the sale of its proprietary electrokinetic display technologies and related products to manufacturers in the electronics industry. The company partners with key players in sectors such as a...
Crown ElectroKinetics Earnings Call Summary
Earnings Call Date:Nov 14, 2024
(Q3-2024)
| % Change Since: |
Next Earnings Date:May 20, 2026
Earnings Call Sentiment Neutral
Crown's earnings call highlighted strong revenue growth and strategic expansion in key divisions, particularly Fiber Optics and Water Solutions. However, increased operating expenses and a growing net loss pose challenges. The company remains optimistic about future growth and profitability.Positive Updates
Record Revenue Achievement
Crown reported record revenues of $8 million for Q3 2024, a significant increase from zero in the same period of 2023.
Negative Updates
Increased Operating Expenses
Operating expenses rose to $7.2 million in Q3 2024 from $3.4 million in the same period of 2023, primarily due to increased compensation and benefits, stock compensation expenses, and professional fees.
Read all updates
Q3-2024 Updates
Positive
Negative
Record Revenue Achievement
Crown reported record revenues of $8 million for Q3 2024, a significant increase from zero in the same period of 2023.
Read all positive updates
Company Guidance
During Crown's Q3 2024 earnings call, the company reported record revenue of $8 million, a significant increase from the previous year, driven by new contracts in their Fiber Optics and Water Solutions divisions. The CEO, Douglas Croxall, emphasized the company's commitment to scaling and meeting their guidance, projecting Q4 revenue of $9 million and full-year 2024 revenue of $22 million. For 2025, Crown anticipates revenue between $30 million and $35 million, with plans to achieve profitability. The strategic growth strategy includes a three-phase rollout for their Smart Windows division and continued expansion in Fiber Optics and Water Solutions, with over $48 million in secured projects and an estimated $70 million in expected projects. Croxall also expressed confidence in their ability to address critical infrastructure needs and leverage opportunities in lead pipe remediation under the ongoing regulatory framework.Crown ElectroKinetics Financial Statement Overview
Summary
Income Statement
30
Negative
Balance Sheet
40
Negative
Cash Flow
35
Negative
| Breakdown | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2021 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 19.70M | 153.00K | 0.00 | 0.00 | 100.00K |
| Gross Profit | -714.00K | -733.00K | 0.00 | 0.00 | -520.00K |
| EBITDA | -23.06M | -18.34M | -14.61M | -21.82M | -7.76M |
| Net Income | -25.95M | -28.98M | -14.37M | -37.16M | -40.76M |
Balance Sheet | |||||
| Total Assets | 34.98M | 9.53M | 6.59M | 9.65M | 388.64K |
| Cash, Cash Equivalents and Short-Term Investments | 13.70M | 1.06M | 821.00K | 6.13M | 48.31K |
| Total Debt | 2.53M | 2.16M | 3.60M | 8.00K | 3.08M |
| Total Liabilities | 12.74M | 4.85M | 6.06M | 664.00K | 7.35M |
| Stockholders Equity | 22.24M | 4.68M | 530.00K | 8.99M | -6.96M |
Cash Flow | |||||
| Free Cash Flow | -24.33M | -18.33M | -11.95M | -12.04M | -1.07M |
| Operating Cash Flow | -18.18M | -16.16M | -11.14M | -11.41M | -1.04M |
| Investing Cash Flow | -6.21M | -2.82M | -812.00K | -2.40M | -26.60K |
| Financing Cash Flow | 37.03M | 19.21M | 6.64M | 19.90M | 1.02M |
Crown ElectroKinetics Technical Analysis
Negative
0.05
Price Trends
0.11
Negative
0.10
Negative
0.72
Negative
Market Momentum
-0.02
Negative
38.46
Neutral
93.10
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CRKN, the sentiment is Negative. The current price of 0.05 is above the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.11, and below the 200-day MA of 0.72, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 38.46 is Neutral, neither overbought nor oversold. The STOCH value of 93.10 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CRKN.
Crown ElectroKinetics Risk Analysis
Crown ElectroKinetics disclosed 59 risk factors in its most recent earnings report. Crown ElectroKinetics reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 3 New Risks
1.
If the trading price of our Common Stock fails to comply with the continued listing requirements of the Nasdaq Capital Market, we would face possible delisting, which would result in a limited public market for our Common Stock and make obtaining future debt or equity financing more difficult for us. Q4, 2023
2.
Due to the recent implementation of the Reverse Stock Split, the liquidity of our Common Stock may be adversely effected. Q4, 2023
3.
Crown Fiber Optics is dependent on the communications industry and may be susceptible to the risks associated with it, which could materially adversely affect its business, financial position or results of operations. Q4, 2023
Crown ElectroKinetics Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
61 Neutral | $70.31M | -60.48 | 4.98% | ― | 0.18% | -54.25% | |
53 Neutral | $69.61M | -4.53 | 71.64% | ― | 11013.00% | 39.85% | |
45 Neutral | $8.49M | -10.98 | -77.79% | ― | 39.37% | 69.81% | |
43 Neutral | $9.74M | -0.05 | -43.37% | ― | 61.85% | 49.02% | |
42 Neutral | $57.18K | ― | ― | ― | 2580.32% | 99.75% |
* Basic Materials Sector Average
CRKN
Crown ElectroKinetics
0.03
-1.67
-98.12%
FSI
Flexible Solutions International
5.52
1.86
50.82%
GURE
Gulf Resources
7.05
-0.95
-11.88%
SNES
SenesTech
1.60
0.01
0.63%
LOOP
Loop Industries
1.44
0.47
48.15%
CNEY
CN Energy Group
0.38
-2.74
-87.74%
Crown ElectroKinetics Corporate Events
Business Operations and StrategyM&A Transactions
Crown ElectroKinetics Divests Fiber Optics Operating Assets
Neutral
Jan 8, 2026
On January 2, 2026, effective January 5, 2026, Crown Fiber Optics Corp., a subsidiary of Crown Electrokinetics Corp., entered into an Asset Purchase Agreement to sell all of its equipment, tools, inventory, vehicles, machinery, and other tangible ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.